Prosperity accepts for both their final expense and graded term products EFT, Direct Express, or Direct Bill (excluding monthly).
Voice Signatures are available in AK, AL, AR, AZ, CA, CO, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, NC, NE, NJ, NM, NV, OH, OR, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV, WY.
E-applications is for in home sales and must be done while with the customer. Completely paperless and no phone interview required.
New Vista Final Expense:
Issue Ages Last Birthday
Minimum Face Value $1,500
Maximum Face Amount $35,000
Premium Paying Period= Age 121
50-80-Level Death Benefit
50-80-Graded Death Benefit (50-75 for Golden Promise)
50-80-Modified Death Benefit (50-75 for Golden Promise)
Simplified Issue Graded benefit term policy. Renewable to age 100.
At end of the initial 20 year term, the premium remains level and the death benefit decreases annually to age 100, at which the time the policy expires.
Issue Age: 40-80
Minimum Face Amount: $5,000
Maximum Face Amount: $30,000
Year 1: ROP plus 15% interest
Year 2: 30% of face amount for the issue age 40-74
40% of face amount for the issue age 75-80
Year 3: 60% of face amount for the issue age 40-74
70% of the face amount for issue age 75-80
Years 4-20: Full face value
Years 21+: Uniformly decreasing annually until expiry, to 5% of face amount in the year preceding expiration.
Accidental Death: For an accidental death occurring during the first 3 years, the death benefit is the full face amount.